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VOL. 38 | NO. 8 | Friday, February 21, 2014

2 plead guilty in Nissan fraud scheme

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NASHVILLE (AP) — Two California residents have pleaded guilty to conspiring to launder money derived from a scheme to defraud Franklin-based Nissan North America.

According to the U.S. Attorney's Office in Nashville, Francisco DeLaRosa and Tracey Young helped gather information on Nissan owners that they passed to a Nissan employee. The employee then filed false claims requesting settlement checks.

According to the indictment, around 80 false claims were filed, totaling approximately $571,500.

DeLaRosa, of West Covina, Calif., agreed to pay restitution of at least $31,500. Young, of Compton, Calif., agreed to pay restitution of at least $191,250.

Sentencing is June 13. Each defendant faces up to 20 years in prison and a fine of $500,000.

Another co-defendant pleaded guilty in November and the cases of three others are still pending.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0